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FMC CORP（FMC）与越洋钻探（RIG）财务数据对比。点击上方公司名可切换其他公司
FMC CORP的季度营收约是越洋钻探的1.0倍（$1.1B vs $1.0B），越洋钻探净利率更高（2.4% vs -158.8%，领先161.2%），越洋钻探同比增速更快（9.6% vs -11.5%），FMC CORP自由现金流更多（$631.1M vs $321.0M），过去两年越洋钻探的营收复合增速更高（16.9% vs 8.6%）
FMC公司是总部位于美国宾夕法尼亚州费城的化工制造企业，1883年创立之初以生产杀虫剂为主，后续逐步拓展业务至其他领域。二战期间曾为美国陆军部设计生产两栖履带登陆车，目前在全球拥有7000名员工，业务布局广泛。
越洋钻探（Transocean Ltd.）是按营收计全球规模最大的海上钻探承包商，总部位于瑞士施泰因豪森，起源于美国，目前在加拿大、美国、挪威、英国、印度、巴西、新加坡等20个国家设有办事机构，业务覆盖全球主要海上油气开采区域。
FMC vs RIG — 直观对比
营收规模更大
FMC
是对方的1.0倍
$1.0B
营收增速更快
RIG
高出21.1%
-11.5%
净利率更高
RIG
高出161.2%
-158.8%
自由现金流更多
FMC
多$310.1M
$321.0M
两年增速更快
RIG
近两年复合增速
8.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.0B |
| 净利润 | $-1.7B | $25.0M |
| 毛利率 | 39.8% | 42.0% |
| 营业利润率 | -130.8% | 23.0% |
| 净利率 | -158.8% | 2.4% |
| 营收同比 | -11.5% | 9.6% |
| 净利润同比 | -10457.1% | 257.1% |
| 每股收益（稀释后） | $-13.77 | $0.13 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收FMCRIG
| Q4 25 | $1.1B | $1.0B | ||
| Q3 25 | $542.2M | $1.0B | ||
| Q2 25 | $1.1B | $988.0M | ||
| Q1 25 | $791.4M | $906.0M | ||
| Q4 24 | $1.2B | $952.0M | ||
| Q3 24 | $1.1B | $948.0M | ||
| Q2 24 | $1.0B | $861.0M | ||
| Q1 24 | $918.0M | $763.0M |
净利润FMCRIG
| Q4 25 | $-1.7B | $25.0M | ||
| Q3 25 | $-569.3M | $-1.9B | ||
| Q2 25 | $66.7M | $-938.0M | ||
| Q1 25 | $-15.5M | $-79.0M | ||
| Q4 24 | $-16.3M | $7.0M | ||
| Q3 24 | $65.0M | $-494.0M | ||
| Q2 24 | $295.1M | $-123.0M | ||
| Q1 24 | $-2.7M | $98.0M |
毛利率FMCRIG
| Q4 25 | 39.8% | 42.0% | ||
| Q3 25 | 23.8% | 43.2% | ||
| Q2 25 | 38.7% | 39.4% | ||
| Q1 25 | 40.0% | 31.8% | ||
| Q4 24 | 42.9% | 39.2% | ||
| Q3 24 | 36.3% | 40.6% | ||
| Q2 24 | 38.3% | 38.0% | ||
| Q1 24 | 37.0% | 31.5% |
营业利润率FMCRIG
| Q4 25 | -130.8% | 23.0% | ||
| Q3 25 | -73.1% | -163.1% | ||
| Q2 25 | 12.0% | -97.6% | ||
| Q1 25 | 7.4% | 7.1% | ||
| Q4 24 | 19.2% | 13.7% | ||
| Q3 24 | 12.7% | -51.2% | ||
| Q2 24 | 6.0% | -6.9% | ||
| Q1 24 | 8.1% | -0.4% |
净利率FMCRIG
| Q4 25 | -158.8% | 2.4% | ||
| Q3 25 | -105.0% | -187.1% | ||
| Q2 25 | 6.3% | -94.9% | ||
| Q1 25 | -2.0% | -8.7% | ||
| Q4 24 | -1.3% | 0.7% | ||
| Q3 24 | 6.1% | -52.1% | ||
| Q2 24 | 28.4% | -14.3% | ||
| Q1 24 | -0.3% | 12.8% |
每股收益（稀释后）FMCRIG
| Q4 25 | $-13.77 | $0.13 | ||
| Q3 25 | $-4.52 | $-2.00 | ||
| Q2 25 | $0.53 | $-1.06 | ||
| Q1 25 | $-0.12 | $-0.11 | ||
| Q4 24 | $-0.13 | $-0.14 | ||
| Q3 24 | $0.52 | $-0.58 | ||
| Q2 24 | $2.35 | $-0.15 | ||
| Q1 24 | $-0.02 | $0.11 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $584.5M | $620.0M |
| 总债务越低越好 | $3.4B | $5.2B |
| 股东权益账面价值 | $2.1B | $8.1B |
| 总资产 | $9.7B | $15.6B |
| 负债/权益比越低杠杆越低 | 1.62× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资FMCRIG
| Q4 25 | $584.5M | $620.0M | ||
| Q3 25 | $497.7M | $833.0M | ||
| Q2 25 | $438.2M | $377.0M | ||
| Q1 25 | $315.3M | $263.0M | ||
| Q4 24 | $357.3M | $560.0M | ||
| Q3 24 | $416.7M | $435.0M | ||
| Q2 24 | $471.5M | $475.0M | ||
| Q1 24 | $417.8M | $446.0M |
总债务FMCRIG
| Q4 25 | $3.4B | $5.2B | ||
| Q3 25 | $3.4B | $4.8B | ||
| Q2 25 | $3.4B | $5.9B | ||
| Q1 25 | $3.1B | $5.9B | ||
| Q4 24 | $3.1B | $6.2B | ||
| Q3 24 | $3.1B | $6.5B | ||
| Q2 24 | $3.1B | $6.8B | ||
| Q1 24 | $3.1B | $6.8B |
股东权益FMCRIG
| Q4 25 | $2.1B | $8.1B | ||
| Q3 25 | $3.8B | $8.1B | ||
| Q2 25 | $4.4B | $9.4B | ||
| Q1 25 | $4.4B | $10.2B | ||
| Q4 24 | $4.5B | $10.3B | ||
| Q3 24 | $4.6B | $10.2B | ||
| Q2 24 | $4.6B | $10.7B | ||
| Q1 24 | $4.3B | $10.5B |
总资产FMCRIG
| Q4 25 | $9.7B | $15.6B | ||
| Q3 25 | $12.1B | $16.2B | ||
| Q2 25 | $12.3B | $17.8B | ||
| Q1 25 | $11.8B | $19.0B | ||
| Q4 24 | $11.7B | $19.4B | ||
| Q3 24 | $12.2B | $19.5B | ||
| Q2 24 | $12.1B | $20.3B | ||
| Q1 24 | $12.0B | $19.9B |
负债/权益比FMCRIG
| Q4 25 | 1.62× | 0.64× | ||
| Q3 25 | 0.89× | 0.60× | ||
| Q2 25 | 0.76× | 0.63× | ||
| Q1 25 | 0.71× | 0.58× | ||
| Q4 24 | 0.69× | 0.60× | ||
| Q3 24 | 0.68× | 0.64× | ||
| Q2 24 | 0.68× | 0.63× | ||
| Q1 24 | 0.72× | 0.65× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $657.1M | $349.0M |
| 自由现金流经营现金流 - 资本支出 | $631.1M | $321.0M |
| 自由现金流率自由现金流/营收 | 58.3% | 30.8% |
| 资本支出强度资本支出/营收 | 2.4% | 2.7% |
| 现金转化率经营现金流/净利润 | — | 13.96× |
| 过去12个月自由现金流最近4个季度 | $-102.5M | $626.0M |
8季度趋势，按日历期对齐
经营现金流FMCRIG
| Q4 25 | $657.1M | $349.0M | ||
| Q3 25 | $-184.2M | $246.0M | ||
| Q2 25 | $65.9M | $128.0M | ||
| Q1 25 | $-545.0M | $26.0M | ||
| Q4 24 | $427.9M | $206.0M | ||
| Q3 24 | $159.5M | $194.0M | ||
| Q2 24 | $292.2M | $133.0M | ||
| Q1 24 | $-142.9M | $-86.0M |
自由现金流FMCRIG
| Q4 25 | $631.1M | $321.0M | ||
| Q3 25 | $-207.9M | $235.0M | ||
| Q2 25 | $50.9M | $104.0M | ||
| Q1 25 | $-576.6M | $-34.0M | ||
| Q4 24 | $406.3M | $177.0M | ||
| Q3 24 | $143.8M | $136.0M | ||
| Q2 24 | $282.3M | $49.0M | ||
| Q1 24 | $-163.6M | $-169.0M |
自由现金流率FMCRIG
| Q4 25 | 58.3% | 30.8% | ||
| Q3 25 | -38.3% | 22.9% | ||
| Q2 25 | 4.8% | 10.5% | ||
| Q1 25 | -72.9% | -3.8% | ||
| Q4 24 | 33.2% | 18.6% | ||
| Q3 24 | 13.5% | 14.3% | ||
| Q2 24 | 27.2% | 5.7% | ||
| Q1 24 | -17.8% | -22.1% |
资本支出强度FMCRIG
| Q4 25 | 2.4% | 2.7% | ||
| Q3 25 | 4.4% | 1.1% | ||
| Q2 25 | 1.4% | 2.4% | ||
| Q1 25 | 4.0% | 6.6% | ||
| Q4 24 | 1.8% | 3.0% | ||
| Q3 24 | 1.5% | 6.1% | ||
| Q2 24 | 1.0% | 9.8% | ||
| Q1 24 | 2.3% | 10.9% |
现金转化率FMCRIG
| Q4 25 | — | 13.96× | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.99× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 29.43× | ||
| Q3 24 | 2.45× | — | ||
| Q2 24 | 0.99× | — | ||
| Q1 24 | — | -0.88× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
FMC
| Insecticides | $440.3M | 41% |
| Herbicides | $378.8M | 35% |
| Fungicides | $140.4M | 13% |
| Plant Health | $65.6M | 6% |
| Other | $45.0M | 4% |
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
